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Miners May Pay U.S. More in Royalties Under 1872 Overhaul

The U.S. government could reap hundreds of millions of dollars in the next decade by collecting royalties from gold, silver and other mines exempt under an 1872 law President Ulysses S. Grant signed to promote the frontier.

“It’s astounding in this time of trillion-dollar deficits that we aren’t looking more closely at revenue off of public lands,” Senator Tom Udall, a New Mexico Democrat, said in an interview. “This would be a very good place to do it.”